Economic Update – March 15, 2024

Economic Update – March 15, 2024

1. CURRENT ECONOMIC CONDITIONS (BEIGE BOOK) • According to the March 6th, 2024, release of the Federal Reserve’s Beige Book, national economic activity increased over the previous six-week period. • Eight of the twelve Federal Reserve districts reported slight to...
Economic Update – February 23, 2024

Economic Update – February 23, 2024

1. INFLATION • According to the Bureau of Labor Statistics, the Consumer Price Index rose 0.3% month over month in January and 3.1% annually. • The monthly pace of CPI rose above market expectations and triggered a brief reversal in equity markets. Fed officials have...